HomeNewsBusinessStocksPrefer Glenmark, Aurobindo, Cipla over Ranbaxy: SP Tulsian

Prefer Glenmark, Aurobindo, Cipla over Ranbaxy: SP Tulsian

SP Tulsian of sptulsian.com advises to prefer Glenmark Pharma, Aurobindo Pharma or Cipla over Ranbaxy Labs.

June 17, 2013 / 17:54 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

SP Tulsian of sptulsian.com told CNBC-TV18, "Positive view is continuous on all pharma sectors except Ranbaxy because the kind of concerns which we have been hearing in respect to the Daiichi, their grievances against the erstwhile promoter and may be regulatory actions."


"Apollo Pharmacy has stopped selling drugs of Ranbaxy. All these concerns really seem serious and that will keep the prices under check if not make it fall further. So it is better to exit the stock and look for other ideas like Glenmark Pharma, Aurobindo Pharma or Cipla. These three stocks are better shift from Ranbaxy," Tulsian said. Also Read: Ranbaxy issue resolved, informs Apollo Pharmacy
first published: Jun 17, 2013 05:54 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!